Accounting Finance Group — Reg. No. 50103326411

Return to search

Accounting Finance Group SIA

ACCOUNTING FINANCE GROUP

Brīvības iela 22, Ogre, Ogres nov., LV-5001

Registration No.

50103326411

Status

Registered

Commercial Register

Registered on

2010-09-27

Legal form

Limited Liability Company

Equity capital

Paid-up equity 10 000 €

Registered payment 2022-09-20

VAT number

LV50103326411

VAT registered on 2011-06-15

Members

Company Members

Total: 1

Per page

ActivePerson

Geida Guntis (LV)

Identifier: 120487-11011

Number of shares: 10 000
Nominal value per share: 1,00 EUR
Share capital value: 10 000,00 EUR
100% of share capital
Personally liable: No

From: 2024-05-20
To: Not available
Registered on: 2024-05-29
Removed on: Not available

Officers

Company Officers

Total: 1

Per page

Geida Guntis (LV)

Member of the Board

Identifier: 120487-11011

Active Executive Board

Rights of representation

Right to represent individually

Beneficial owners

Registered beneficial owners: 1

Rows per page

Geida Guntis (LV)

Identification number: 120487-11011

Means of control: as a company member/shareholder

Active

Means of control

as a company member/shareholder

Financial key indicatorsLatest year: 2025

Overall financial risk (latest available year)

Lower observed financial risk

LiquiditySolvencyProfitability

This summary is based only on the publicly available balance sheet, income statement and, if present, cash flow statement. For small and micro entities some indicators may be missing.

Turnover

455,402 EUR

Net result

10,674 EUR

Margin: 2.3%

Balance sheet size

61,888 EUR

Equity: 24,033 EUR (38.8%)

Liquidity (short-term payments)

Comfortable

The company appears able to cover its short-term liabilities from its current assets with some safety margin.

Current ratio: 1.6
Quick ratio: 1.6

Solvency (capital strength)

Solid

A significant part of the company is financed by its own capital, which usually means lower long-term financial risk.

Equity ratio: 38.8%
Debt-to-assets: 61.2%

Profitability & cash flow

Low profit

Profitability is positive but low. Even small negative changes in turnover or costs may lead to losses.

Net margin: 2.3%
Return on assets (ROA): 17.2%
Operating cash flow: Not available (cash flow statement may not be required for small companies)

Simple trend (last 3 years)

Colour hints show improvement or deterioration across years.

Year	Turnover	Net margin	Equity ratio	Current ratio
2025	455,402	2.3%	38.8%	1.6
2024	371,704	1.1%	25.3%	1.3
2023	295,237	-1.3%	16.7%	1.4

Trends are indicative only. Small changes can be caused by rounding, classification or changes in reporting format.

Key metrics by year

Each column shows one reporting year. Some metrics may be missing if they are not required in the filed report.

Metric	2025	2024	2023	2022	2021
Turnover	455,402	371,704	295,237	217,700	126,320
Net result	10,674	4,115	-3,907	659	5,795
Net margin	2.3%	1.1%	-1.3%	0.3%	4.6%
Return on assets (ROA)	17.2%	7.8%	-7.1%	1.2%	9.2%
Equity ratio	38.8%	25.3%	16.7%	24.3%	19.8%
Debt-to-assets	61.2%	74.7%	83.3%	75.7%	80.2%
Current ratio	1.6	1.3	1.4	1.8	2.2
Quick ratio	1.6	1.3	1.4	1.8	2.2
Operating cash flow	–	–	–	–	–

Values are derived from the published balance sheet, income statement and cash flow statement (if available). A missing value usually means that the line item is not reported or not required for that entity size.

Label	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Year Started	2025-01-01	2024-01-01	2023-01-01	2022-01-01	2021-01-01	2020-01-01	2019-01-01	2018-01-01	2017-01-01	2016-01-01	2015-01-01	2014-01-01	2013-01-01	2012-01-01	2010-09-27
Year Ended	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31
Report date	2026-02-06	2025-05-15	2024-04-29	2023-01-27	2022-08-16	2021-02-16	2020-04-20	2019-05-15	2018-04-28	2017-03-24	2016-03-02	2015-04-15	2014-09-03	2013-05-29	—
Employees	10	10	9	8	6	7	8	4	3	1	2	1	1	1	0
Currency	EUR	EUR	EUR	EUR	EUR	EUR	EUR	EUR	EUR	EUR	EUR	EUR	LVL	LVL	LVL
Rounded To	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES
Source Schema	DokGPv1	DokGPv1	DokGPv1	DokGPv1	DokGPv1	DokGPv1	DokGPv1	DokGPv1	DokGPUIENv1	DokGPUIENv1	DokUGP2008v1	DokUGP2008v1	DokUGP2008v1	DokUGP2008v1	DokUGP2008v1
Source Type	UGP	UGP	UGP	UGP	UGP	UGP	UGP	UGP	UGP	UGP	—	—	—	—	—

Balance sheet

Per year

Label	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Cash	20,323	18,639	28,016	20,771	27,531	12,827	4,345	2,945	704	1,564	8,025	580	1,550	2,059	34
Accounts Receivable	41,565	34,236	27,366	33,334	35,720	39,001	47,478	18,338	11,630	7,183	1,696	5,128	2,273	1,401	0
Inventory	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Marketable Securities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Current Assets	61,888	52,875	55,382	54,105	63,251	51,828	51,823	21,283	12,334	8,747	9,721	5,708	3,823	3,460	34
Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Fixed Assets	0	0	0	0	0	0	0	54,867	62,008	40,333	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non-Current Assets	0	0	0	0	0	0	0	54,867	62,008	40,333	0	0	0	0	0
Total Assets	61,888	52,875	55,382	54,105	63,251	51,828	51,823	76,150	74,342	49,080	9,721	5,708	3,823	3,460	34
Current Liabilities	37,855	39,515	39,264	29,426	28,802	9,983	19,164	6,200	71,229	45,989	6,644	2,691	1,712	1,391	33
Non-Current Liabilities	0	0	6,873	11,527	21,956	35,147	16,567	56,945	0	0	0	0	0	0	0
Total Liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity	24,033	13,360	9,245	13,152	12,493	6,698	16,092	13,005	3,113	3,091	3,077	3,017	2,111	2,069	1
Total	61,888	52,875	55,382	54,105	63,251	51,828	51,823	76,150	74,342	49,080	9,721	5,708	3,823	3,460	34

Income statement

Per year

Label	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Net Turnover	455,402	371,704	295,237	217,700	126,320	132,216	116,057	77,588	39,081	23,418	26,919	20,305	18,891	7,838	1,120
Cost of Goods Sold	378,933	306,630	232,639	162,130	144,315	100,997	78,151	37,862	34,207	23,060	26,158	18,622	17,638	7,049	1,071
Gross Profit	76,469	65,074	62,598	55,570	-17,995	31,219	37,906	39,726	4,874	358	761	1,683	1,253	789	49
Selling Expenses	2,581	2,053	1,506	10,041	2,014	1,397	1,850	1,764	1,515	180	547	1,442	529	176	0
Administrative Expenses	60,271	57,795	64,496	29,840	33,542	0	0	0	0	0	0	0	0	348	15
Inventory Change	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
LT Investment Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Revenues	578	0	3,377	4,061	59,656	0	65,173	0	28	0	11	0	0	0	0
Material Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Labour Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	3,521	1,111	3,880	19,091	310	39,216	98,142	28,069	3,365	160	117	240	663	282	39
Equity Investment Earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other LT Investment Earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Interest Revenues	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investment Fair Value Adj.	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extra Revenues	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extra Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Income Before Income Taxes	10,674	4,115	-3,907	659	5,795	-9,394	3,087	9,893	22	18	108	1	61	-17	-5
Provision For Income Taxes	0	0	0	0	0	0	0	0	0	4	48	0	19	9	0
Income After Income Taxes	10,674	4,115	-3,907	659	5,795	-9,394	3,087	9,893	22	14	0	0	0	0	0
Other Taxes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extra Dividends	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	10,674	4,115	-3,907	659	5,795	-9,394	3,087	9,893	22	14	60	1	42	-26	-5

Cash flow statement

Per year

Label	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Received from Customers	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Paid to Suppliers/Employees	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Income Before Taxes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Income Before WC Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Cash Rec./Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Cash Flow	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extra Items Cash Flow	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Operating Cash Flow	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stocks Acquisition	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stocks Sale Proceeds	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Fixed/intang. Assets Acquisition	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Fixed/intang. Assets Sale Proceeds	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Loans Made	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Loan Repayments Received	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Received	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Dividends Received	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Investing Cash Flow	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stocks/Bonds Issuance Proceeds	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Loans Received	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Subsidies/Grants/Contrib. Received	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Loan Repayments Made	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Lease Obligations Repayments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Financing Cash Flow	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Effect of Exchange Rate Change	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Increase	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
At Beginning of Year	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
At End of Year	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Accounting Finance Group SIA

Company Members

Company Officers

Beneficial owners

Financial key indicatorsLatest year: 2025

Meta

Balance sheet

Income statement

Cash flow statement